Heres a close look at the MDRs journey over the years and what its reintroduction will mean for large merchants, banks and ...

India's AGS Transact Technologies said on Tuesday it had migrated half of its ATMs back to banks and merchant service providers to minimize disruption, as the debt-saddled payments firm is trying to ...

The company and its units owe a total of 7.19 billion rupees ($82.5 million) to its creditors including State Bank of India ...

The government may reintroduce merchant discount rate charges on UPI and RuPay transactions for large merchants, impacting ...

Government's move aims to create a level playing field with private card networks like Visa and Mastercard, which still ...

Merchant payments now account for around 62 percent of all UPI transactions, up from 40 percent in January 2022 ...

The Merchant Discount Rate (MDR), a fee paid by merchants to banks for processing real-time payments, is currently not ...

Large Indian tech companies are rapidly hiring for jobs focused on AI safety and trust. This and more in todays ETtech Top 5.

MDR, a fee paid by merchants to banks for processing real-time payments, is currently not levied on transactions made via UPI ...

The Bank did not just launch a transactional platform, but rather introduced a low-income, cost-efficient, secure and ...